Cross-Chain Bridge between networks Solana-to-Bitcoin Zeus Network will launch Zeus Program Library (ZPL) by Q3 2024.
“These ZPL-Assets will unlock a world of opportunity on Solana” Zues Network writeon May 1, “facilitating activities such as DeFi, GameFi, SocialFi, DePIN, and many more that were previously challenging on the Bitcoin blockchain.”
ZPL is a Solana Virtual Machine (SVM) that allows developers to combine native Solana support with decentralized applications and multi-blockchain transactions. “ZPL-Assets can be fungible (cryptocurrencies). or non-fungible (NFT), which represents a variety of digital assets.”
Users can deposit Bitcoin via ZPL and Apollo Bridge protocols and vice versa. It receives zBTC tokens wrapped with ZPL, which can be used to participate with decentralized exchanges, NFT markets, lending, gaming, and SocialFi within the Solana ecosystem.
The developers plan to expand ZPL-supported assets on Solana to Bitcoin Runes and Ordinals called “zRuneX” and “zOrdX,” respectively. Other work on the roadmap in Q3 includes enabling Bitcoin on the Apollo mainnet.
Zeus Network was backed by Solana co-founder Anatoly Yakovenko and Stacks co-founder Muneeb Ali on April 8 by the protocol.receive$8 million in funding at a valuation of $100 million
refer : cointelegraph.com
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